Cato Institute gives F to Alabama governor

MONTGOMERY, Ala. - Governor Bob Riley got an "F" in the Cato Institute's new fiscal policy report card for the nation's governors, but the bad grade is based on some things that other people consider good -- like more money for public education and state troopers.

The study by the Libertarian think tank gave failing grades to eight other governors, including three in the South: Democrat Kathleen Blanco of Louisiana, Democrat Michael Easley of North Carolina, and Republican Mike Huckabee of Arkansas.

The Cato Institute's report praised governors who cut state budgets, like Republican Governor Matt Blunt of Missouri, who got an "A."

Governors like Riley, who presided over budget increases in good economic times, got lower ratings.

Riley's spokesman Jeff Emerson, said the group's thinking runs counter to what the governor and Alabama citizens want in the state budgets.

The report comes as Riley today announced that Alabama's jobless rate fell to three-point-three percent in September, tying the lowest figure ever recorded in the state in the last 30 years.

Courtesy: Associated Press